Maine Statutes
§ 24-A §1129 — Special investments of title insurers
1.A title insurer may also have invested funds in an amount not exceeding 50% of its paid-in capital stock and its surplus, in its abstract plant and equipment and in stocks of abstract companies.
2.Investments authorized under subsection 1 shall not be credited against required reserves.
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Maine § 24-A §1129 (Special investments of title insurers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 1969, c. 132, §1 (NEW).
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